New Third Board strength at 9,786

Some 51 small and medi­um­sized en­ter­prises were added to China’s New Third Board, in­creas­ing its num­ber of listed com­pa­nies to 9,786 as of Fri­day. Turnover on the board reached 4.65 bil­lion yuan ($676 mil­lion), up 4.7 per­cent from a week ago. A to­tal of 2,304 SMEs have been added to the board since the be­gin­ning of 2016, with com­bined mar­ket value of more than 3.74 tril­lion yuan, lat­est data showed. The New Third Board, or the Na­tional Eq­ui­ties Ex­change and Quo­ta­tion sys­tem, helps SMEs to trans­fer shares and raise funds.